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Deccan Gold Mines Share Price Target - Tomorrow, Next Week & Next Month

Deccan Gold Mines Limited

Company LogoSymbol: DECNGOLD
Price: ₹130.94
Exchange: BSE
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Deccan Gold Mines Recent Performance

Over the past 25 trading days, the value of Deccan Gold Mines's stock has decreased by ₹16.86 (-11.41%). On 12 Sep 2024, one share was worth ₹147.80 and by 17 Oct 2024, the value dropped to ₹130.94. During this period it created a highest high of ₹162.25 and lowest low of ₹123.65.

Below Image represents line chart of daily close price of Deccan Gold Mines, helping you visualize how the price has changed day by day.

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Deccan Gold Mines Recent Daily Close Chart

Chart: Deccan Gold Mines Share Price Target - Tomorrow

Deccan Gold Mines Targets For Tomorrow Chart

The line chart displays the Deccan Gold Mines daily closing prices for the past 25 trading days using a black line. The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for Deccan Gold Mines shares for Thu 17 Oct 2024, see the table below.

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Table: Deccan Gold Mines Share Price Target - Tomorrow

By analyzing Deccan Gold Mines stock with yesterday and past crucial price points and technical indicators we derived following targets for: Fri, 18 Oct, 2024!

Deccan Gold Mines's LevelsValueReason/Importance
Tomorrow Target 3134.94 (+3.05%)Price Action: Oct 2024 High
Tomorrow Target 2133.39 (+1.87%)Price Action: 09 Oct 2024 Low
Tomorrow Target 1132.00 (+0.8%)Price Action: 16 Oct 2024 Low
Current Price130.94Deccan Gold Mines's 1 share price as of Thu 17 Oct 2024
Stop Loss 1130.29 (-0.5%)Technical Indicator: MA150
Stop Loss 2129.57 (-1.05%)Price Action: Chart
Stop Loss 3128.75 (-1.68%)Price Action: Chart

Summary: Deccan Gold Mines Share Price Prediction For Tomorrow

Thu 17 Oct 2024: Deccan Gold Mines finished the day at ₹130.94, losing ₹-1.70 (-1.28%) in 1 day.

In summary, our analysis of Deccan Gold Mines for tomorrow predicts a rise of 0.8% to 3.05% with three potential targets T1: ₹132.00, T2: ₹133.39, T3: ₹134.94 and Stop-Loss (SL) at SL1: ₹130.29, SL2: ₹129.57, SL3: ₹128.75.

Additionally, we've identified a support level at ₹130.10 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹134.94, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past trends and technical analysis using various indicators.

Over the last 25 trading days, the stock has dropped -11.41%, indicating it could be a excellent option for intra day trading as it has shown big price movements. During this period, its price fluctuated between 162.25 and 123.65.

After looking at tomorrow's share price prediction, let's now check what next week might hold for Deccan Gold Mines.

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Chart: Deccan Gold Mines Share Price Target - Next Week

Deccan Gold Mines Targets For Next Week Chart

The chart displays the Deccan Gold Mines weekly closing prices for the past 25 trading weeks using a black line. It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.

For detailed target and stop loss values for Deccan Gold Mines shares for next week, see the table below.

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Table: Deccan Gold Mines Share Price Target - Next Week

By analyzing Deccan Gold Mines stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!

Deccan Gold Mines's LevelsValueReason/Importance
Next Week Target 3137.37 (+4.91%)Price Action: Oct 2023 High
Next Week Target 2135.89 (+3.78%)Price Action: 14 Oct 2024 Low
Next Week Target 1133.91 (+2.26%)Custom Fibonacci Extension Lvl 23.6%
Current Price130.94Deccan Gold Mines's 1 share price as of Thu 17 Oct 2024
Stop Loss 1129.64 (-1%)Price Action: Chart
Stop Loss 2128.34 (-1.99%)Price Action: Chart
Stop Loss 3126.20 (-3.62%)Fibonacci Retracement Extended 28.2%

Summary: Deccan Gold Mines Share Price Prediction For Next Week

As of Thu 17 Oct 2024, Deccan Gold Mines share price stands at ₹130.94, losing ₹-8.56 (-6.14%) in this week.

In summary, our analysis of Deccan Gold Mines for next week predicts a rise of 2.26% to 4.91% with three potential targets T1: ₹133.91, T2: ₹135.89, T3: ₹137.37 and Stop-Loss (SL) at SL1: ₹129.64, SL2: ₹128.34, SL3: ₹126.20.

Additionally, we've identified a support level at ₹130.10 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹141.75, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for Deccan Gold Mines.

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Chart: Deccan Gold Mines Share Price Target - Next Month

Deccan Gold Mines Targets For Next Month Chart

The chart displays the Deccan Gold Mines monthly closing prices for the past 25 months using a black line. It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for Deccan Gold Mines shares for next month, see the table below.

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Table: Deccan Gold Mines Share Price Target - Next Month

By analyzing Deccan Gold Mines stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!

Deccan Gold Mines's LevelsValueReason/Importance
Next Month Target 3142.89 (+9.12%)Price Action: Aug 2024 High
Next Month Target 2140.69 (+7.44%)Price Action: 14 Oct 2024 High
Next Month Target 1138.50 (+5.77%)Price Action: 11 Oct 2024 Low
Current Price130.94Deccan Gold Mines's 1 share price as of Thu 17 Oct 2024
Stop Loss 1128.57 (-1.81%)Price Action: Chart
Stop Loss 2125.76 (-3.96%)Technical Indicator: MA250
Stop Loss 3124.48 (-4.94%)Technical Indicator: MA200

Summary: Deccan Gold Mines Share Price Prediction For Next Month

As of Thu 17 Oct 2024, Deccan Gold Mines share price stands at ₹130.94, losing ₹-11.31 (-7.95%) in this month.

In summary, our analysis of Deccan Gold Mines for next month predicts a rise of 5.77% to 9.12% with three potential targets T1: ₹138.50, T2: ₹140.69, T3: ₹142.89 and Stop-Loss (SL) at SL1: ₹128.57, SL2: ₹125.76, SL3: ₹124.48.

Additionally, we've identified a support level at 130.10 — think of this as a safety net where the price might stop falling and there's also a resistance level at 162.25, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for Deccan Gold Mines, we created a specific page for that check here: Deccan Gold Mines Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on Deccan Gold Mines short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Deccan Gold Mines Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter